Gig Harbor, WA 98329 9707 Key Peninsula Highway NW

$700,000

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Presented By: Real Estate 2000 Inc. and NWMLS
  • Northwest Multiple Listing Service (NWMLS) - 21 - WA
  • MLS# 2217930
  • 04/10/2024
  • Get pre-approved
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.

Home Details

Rare Opportunity To Own An Auto Repair Business Leased In A 6 Bay Auto Center That Has Been Thriving For Over 17 Years! Lease To Be Negotiated With Seller Currently Offered At $5,000 Per Month, Triple Net. 2.47-Acres. Fully Stocked Auto Repair Building. Business Includes A Vast Inventory Of Tools (See Attached List). 2024 Gross: $1,162,588. NOI: $297,438. A 42.5% Cap Rate! Potential to Net Over $600K Yearly If Operated By A Family Of Mechanics Based On 2023 Numbers! Expand Business Hours To Increase Profit! Fenced Area For 50 Cars, Dual Drive-Through Entries, Wired Security, And More! Ask About SBA Loan!
Presented By: Real Estate 2000 Inc. and NWMLS

Interior Features for 9707 Key Peninsula Highway NW

Bedrooms

Bedrooms Possible0
Bedrooms Upper

Bathrooms

Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Total Fireplaces

General for 9707 Key Peninsula Highway NW

Building Area UnitsSquare Feet
Business TypeSee Remarks, Services
Carport Y/NNo
CityGig Harbor
CountyPierce
DirectionsFrom Gig Harbor, Take Hwy 302 SW to the Key Peninsula. Drive approximately 8 miles. The garage will be on the left.
HOANo
HOA Fee$
Listing TermsCash Out, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet108
Lot Size UnitsSquare Feet
MLS Area9 – Key Peninsula North
ModificationTimestamp2025-06-11T00:51:10.344Z
NWM_ShowMapLinkY
PossessionClosing
Property SubtypeBusiness Opportunity
Property TypeBusiness Opportunity
Public RemarksRare Opportunity To Own An Auto Repair Business Leased In A 6 Bay Auto Center That Has Been Thriving For Over 17 Years! Lease To Be Negotiated With Seller Currently Offered At $5, 000 Per Month, Triple
Senior Community Y/NNo
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Subdivision NameKey Center
Virtual TourClick here

Exterior for 9707 Key Peninsula Highway NW

Building Area Total
Covered Spaces7
Irrigation Water Rights Y/NNo
LocationFree Standing, See Remarks
Lot Size Acres0.0025
Parking Uncovered Total25
Total Parking32

Additional Details

Price History

Josh QA1

REALTOR ® SRES ®
Price $700,000
MLS#2217930
List Date 04/10/2024
Property Type Business Op
Phone 925.123.4567
Get pre-approved
Request Tour
Request Info
Visit My Website

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